The market is still fluctuating in a wide range and has never been able to break the previous high. It has been back and forth several times. The market lacks a catalyst for the market to break through the previous high. Some people believe that the Fed's interest rate cut or a significant decline in inflation will push the market to a new level. At the high point, the inflection point of interest rate cuts may only require a CPI drop. In addition to the European Central Bank that may start an interest rate cut cycle on Thursday, Canada may also start an interest rate cut cycle this week. This is an event worthy of attention. The market currently predicts that the probability of the European Central Bank cutting interest rates in June is as high as 97%, and the probability of Canada cutting interest rates is 80%. These two companies have a high probability of cutting interest rates. Then we will see if the signal sent by the European Central Bank after cutting interest rates continues to decrease. As for the Federal Reserve, It is always going to fall, and it cannot escape the law of cycles.